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RBA Glossary definition for year-average growth

year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.

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List of tables

10 Nov 2011 SMP – November 2011
Year-average, per cent. 2010/11. Domestic final demand. 3.5. – Private demand. ... 2. 2. 2. 2. 2. 2–3. Year-average. (b). 2010/11. 2011. 2011/12.
https://www.rba.gov.au/publications/smp/2011/nov/tables.html

List of tables

10 Feb 2012 SMP – February 2012
Table 4.2: Financial Aggregates. Percentage change. Average monthly growth. Year to. December 2011. ... 2. 2. 2–3. Year-average. 2011. 2011/12. 2012. 2012/13. 2013. 2013/14. GDP growth.
https://www.rba.gov.au/publications/smp/2012/feb/tables.html

The International Environment

6 May 2022 SMP – May 2022
Year-average GDP growth is forecast to be about percentage point short of the ‘around 5.5 per cent’ GDP growth target announced by policymakers in March. ... Overall, growth in Australia's major trading partners in 2022 and 2023 is forecast to be
https://www.rba.gov.au/publications/smp/2022/may/the-international-environment.html

Economic Outlook

5 Aug 2022 SMP – August 2022
Growth in Australia's major trading partners is expected to fall well below the pre-pandemic average this year, in part because measures to suppress China's COVID-19 outbreak have ... n/a). Year-average. 2021/22. 2022. 2022/23. 2023. 2023/24. 2024. GDP
https://www.rba.gov.au/publications/smp/2022/aug/economic-outlook.html

Economic Outlook

4 Feb 2022 SMP – February 2022
Table 5.1: Output Growth and Inflation Forecasts. (a). Per cent. Year-ended. Dec. 2021. ... n/a). Year-average. 2021. 2021/22. 2022. 2022/23. 2023. 2023/24. GDP growth. 4.
https://www.rba.gov.au/publications/smp/2022/feb/economic-outlook.html

Financial Conditions

6 Feb 2024 SMP – February 2024
Financial Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/financial-conditions.html

List of tables

10 Feb 2015 SMP – February 2015
c) Average of the major banks' 3-year fixed rates. (d) RBA estimate. ... b). 2. 2. 2–3. 2–3. 2–3. 2–3. Year-average. 2014. 2014/15. 2015.
https://www.rba.gov.au/publications/smp/2015/feb/tables.html

Economic Outlook

5 Nov 2021 SMP – November 2021
Table 5.1: Output Growth and Inflation Forecasts. (a). Per cent. Year-ended. June. 2021. ... 2). Year-average. 2020/21. 2021. 2021/22. 2022. 2022/23. 2023. GDP growth. 1.4.
https://www.rba.gov.au/publications/smp/2021/nov/economic-outlook.html

List of tables

10 May 2012 SMP – May 2012
Table 4.2: Financial Aggregates. Percentage change. Average monthly growth. Year to. ... 2. 2. 2–3. 2–3. 2–3. Year-average. 2011. 2011/12. 2012. 2012/13. 2013.
https://www.rba.gov.au/publications/smp/2012/may/tables.html

The International Environment

5 Nov 2021 SMP – November 2021
Year-average MTP growth is expected to be strong in 2021 and 2022 (6 per cent and 5 per cent, respectively) (Graph 1.15). ... The central assumption in the global outlook is that labour supply and production capacity lift over the coming year,
https://www.rba.gov.au/publications/smp/2021/nov/the-international-environment.html